michelle obama also taking the prize. let us know what you think. e-mail us, worldwide @cnbc.com, e-mail us @cnbcwex. i wonder if j.k. rowling might not be up there. >> you make the list for under-30s, right? >> yeah, i don't know. >> 30 under 30, world's most powerful women. >>> coming up next, russia joins the wto. find out why our next guest says membership won't automatically translate into growth. >>> japanese exports have slumped. the 8.1% annual drop was well short of median forecasts of a 9.9% drop. lorraine tan is still with us. lorraine, i mean, today's export data, fairly disappointing. what do you do with it as an investor? >> yeah, i mean, i still think it's going to be a little while before we see the data improve. we're probably talking at least another couple months. even what's going on with the stimulus in china is not really filtering through to data and we don't expect it to do so until towards the end of the third quarter. as far as japan goes, it marks a softening trend in gdp expectations, you're a developed country and your a